Softbank reported a net loss of virtually $ 2.4 billion in the third fiscal quarter, and one other quarter to red Vision Fund unit.
Vision Fund unit, known for investment in startups, including Uber AND Doordashlost about $ 2 billion as shares Coupang AND Didi cut.
The losses took place only a few weeks after the latest $ 500 billion AI was announced Stargate projectin which Softbank wants to take a position $ 19 billion on Reports.
Softbank also wants to take a position in $ 40 billion in OpenaiThe Chatgpt Creator, with a valuation of $ 260 billion.
Drop Fund is nothing latest, because Softbank has gone back from the investment since 2022 – after rates of interest began to grow, and the risk capital, as a whole, noticed a significant withdrawal. In mid -2023, the founder Son of Masayoshi He told investors that the International Holding Holding would again pass from the “defense mode” because it appears to be a leader in artificial intelligence and robotics.
I have never done it yet
Since then, the company has doubled AI offers, even when it moves away from the vision fund.
However, it was this week that Softbank returned to the vision fund department. Softbank i Google Quantum AI They each took part in a round of $ 230 million for a Boston neutral quantum company I would like to calculate.
The fund unit also took part in this week of the C series with a value of $ 125 million at the AI driving flow startup In order to. The latest round valued the company at $ 1.1 billion.